Alternus Clean Energy (ALCE) AI Stock Analysis

• Market Cap: $580.00
• Dividend Yield: N/A
• Average Volume (3M): 512.00
• Price to Earnings (P/E): ―
• Beta (1Y): 2.15
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 21
• Sector: Energy
• Sector Strength: 52
• Industry: Renewable Utilities
• EPS (TTM): N/A
• Shares Outstanding: 724,658
• 10 Day Avg. Volume: 988
• 30 Day Avg. Volume: 512
• PEG Ratio: -1.31
• Price to Book (P/B): -81.87
• Price to Sales (P/S): 8920.47
• P/FCF Ratio: 30.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: $0.00 ▼(-100.00% Downside)

The overall stock score reflects significant financial challenges with negative equity and high leverage. Technical indicators reinforce a bearish outlook, while valuation metrics suggest caution due to negative earnings. Recent corporate events indicate positive steps but are not factored into the weighted score.

Positive Factors

Debt Reduction

The sale of a subsidiary reduced debt by $22.6 million, improving financial stability and enhancing long-term shareholder equity.

Cash Flow Recovery

Strong operating cash flow in 2024 indicates improved cash generation ability, supporting future investments and financial health.

Strategic Focus on Clean Energy

Focus on solar PV projects aligns with global trends towards renewable energy, positioning the company for long-term growth and sustainability.

Negative Factors

Negative Equity

Negative equity suggests potential insolvency risk, limiting financial flexibility and posing long-term viability concerns.

High Leverage

High leverage can strain cash flow and limit the ability to invest in growth opportunities, impacting long-term financial health.

Operational Inefficiencies

Negative EBIT and EBITDA margins highlight operational challenges, affecting profitability and the ability to sustain growth.

Alternus Clean Energy Business Overview & Revenue Model

Company Description

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.

How the Company Makes Money

Alternus Clean Energy makes money through several key revenue streams primarily centered around its solar energy projects. The company generates income by selling the electricity produced by its solar parks to utility companies, governments, and large energy consumers through power purchase agreements (PPAs). These long-term contracts ensure a steady revenue stream by setting predetermined rates for the electricity supplied. Additionally, Alternus Clean Energy may benefit from government incentives, tax credits, or renewable energy certificates associated with clean energy production. The company might also engage in strategic partnerships and joint ventures to expand its project portfolio and enhance its financial performance.

Alternus Clean Energy Financial Statement Overview

Summary

Alternus Clean Energy's financials reveal a mixed picture. Despite a turnaround in net income and cash flow in 2024, significant financial risks remain due to negative equity and high leverage. Operational inefficiencies and an unstable revenue trend are critical concerns.

Income Statement

The income statement shows a volatile revenue trend with a significant drop from 2023 to 2024. Gross profit margin is negative for 2024, reflecting challenges in covering production costs. Despite a positive net income in 2024, the EBIT and EBITDA margins are negative, indicating operational inefficiencies.

Balance Sheet

The balance sheet highlights a concerning financial position with negative stockholders' equity, suggesting a potential risk of insolvency. The debt-to-equity ratio is not calculable due to negative equity, indicating high leverage. The equity ratio is also negative, further emphasizing financial instability.

Cash Flow

The cash flow statement shows strong operating cash flow in 2024, with significant free cash flow recovery compared to previous years. However, the reliance on financing activities and negative free cash flow in previous years pose concerns about sustained cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	124.00K	311.00K	20.08M	17.09M	21.39M
Gross Profit	-216.00K	-53.00K	15.62M	12.65M	14.23M
EBITDA	2.16M	-15.18M	-31.42M	-4.64M	3.90M
Net Income	39.55M	21.08M	-69.46M	-18.45M	-18.75M
Balance Sheet
Total Assets	4.81M	7.73M	185.29M	208.53M	209.49M
Cash, Cash Equivalents and Short-Term Investments	10.00K	161.00K	23.78M	2.99M	18.03M
Total Debt	10.71M	28.62M	198.97M	197.49M	169.67M
Total Liabilities	25.94M	41.61M	248.54M	229.36M	192.90M
Stockholders Equity	-21.14M	-33.88M	-63.25M	-20.33M	16.61M
Cash Flow
Free Cash Flow	112.59M	90.69M	-7.60M	-41.48M	-135.41M
Operating Cash Flow	105.19M	92.37M	10.44M	-17.85M	-8.32M
Investing Cash Flow	-40.64M	21.41M	-675.00K	-23.63M	-127.48M
Financing Cash Flow	-58.96M	-136.55M	3.93M	26.98M	161.23M

Alternus Clean Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALCE, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.50, and below the 200-day MA of 5.18, indicating a bearish trend. The MACD of -0.16 indicates Negative momentum. The RSI at 24.51 is Positive, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALCE.

Alternus Clean Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
WAVE	45 Neutral	$29.50M	-8.63	-54.43%	―	-40.99%	-46.52%
VGAS	43 Neutral	$85.54M	-5.46	-21.33%	―	―	23.66%
BNRG	42 Neutral	$1.55M	-0.05	-327.21%	―	―	―
ALCE	40 Underperform	$580.00	―	―	―	―	―
HTOO	39 Underperform	$6.17M	-0.24	-125.98%	―	―	―
CREG	31 Underperform	$23.93M	-0.54	-2.66%	―	―	-50.02%